<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>PersonnelToday.com - Reward, comp and ben news</title><link>http://www.personneltoday.com/</link><description /><language>en-gb</language><copyright /><generator /><lastBuildDate>Wed, 17 Mar 2010 14:38:00 GMT</lastBuildDate><item><title>Public sector leaders back calls for pay transparency</title><link>http://www.personneltoday.com/Articles/2010/03/17/54870/public-sector-leaders-back-calls-for-pay-transparency.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/17/54870/public-sector-leaders-back-calls-for-pay-transparency.html</guid><description>The Local Government Association (LGA) has insisted that the pay of council chief executives is already open to public scrutiny after a report from the Audit Commission called for more transparency in severance packages. Th</description><pubDate>Wed, 17 Mar 2010 14:38:00 GMT</pubDate></item><item><title>Nest retirement saving scheme for low-paid staff could be a ‘disaster’</title><link>http://www.personneltoday.com/Articles/2010/03/17/54862/nest-retirement-saving-scheme-for-low-paid-staff-could-be-a-disaster.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/17/54862/nest-retirement-saving-scheme-for-low-paid-staff-could-be-a-disaster.html</guid><description>The government scheme aimed at encouraging low-paid employees to save for their retirement could be a "disaster", experts have warned. The call came after the government revealed that all contributions into the National Emp</description><pubDate>Wed, 17 Mar 2010 08:52:00 GMT</pubDate></item><item><title>Companies waste £4,000 per employee due to pay inefficiency</title><link>http://www.personneltoday.com/Articles/2010/03/16/54857/companies-waste-4000-per-employee-due-to-pay-inefficiency.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/16/54857/companies-waste-4000-per-employee-due-to-pay-inefficiency.html</guid><description>UK companies are wasting almost £4,000 per employee – or 8% of their payroll costs – by failing to deliver their pay policies efficiently, research has revealed. Analysis of corporate pay rates, by HR consultancy</description><pubDate>Tue, 16 Mar 2010 16:23:00 GMT</pubDate></item><item><title>Severence payouts for council chiefs attacked by government watchdog</title><link>http://www.personneltoday.com/Articles/2010/03/16/54850/severence-payouts-for-council-chiefs-attacked-by-government-watchdog.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/16/54850/severence-payouts-for-council-chiefs-attacked-by-government-watchdog.html</guid><description>Council chiefs found to be 'under-performing' are receiving huge payoffs, before moving to other councils, the local government watchdog has found.  But the commission said the main reason for the deals - which affected al</description><pubDate>Tue, 16 Mar 2010 09:12:00 GMT</pubDate></item><item><title>Sainsbury’s staff bonuses to be paid before 50% tax rate bites</title><link>http://www.personneltoday.com/Articles/2010/03/15/54833/sainsburys-staff-bonuses-to-be-paid-before-50-tax-rate-bites.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/15/54833/sainsburys-staff-bonuses-to-be-paid-before-50-tax-rate-bites.html</guid><description>Sainsbury's is to bring forward the payment of bonuses for all its staff. The move means that employees receiving more than £150,000 will avoid paying the 50% tax rate when it comes in on April 6, the &lt;A href="http://busi</description><pubDate>Mon, 15 Mar 2010 08:59:00 GMT</pubDate></item><item><title>Unpaid work experience interns exploited, warns TUC</title><link>http://www.personneltoday.com/Articles/2010/03/15/54831/unpaid-work-experience-interns-exploited-warns-tuc.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/15/54831/unpaid-work-experience-interns-exploited-warns-tuc.html</guid><description>Employers are exploiting thousands of young interns by getting them to work for free, the Trades Union Congress (TUC) has warned. With about one-fifth of 16- to 24-year-olds unemployed, increasing numbers of graduates are t</description><pubDate>Mon, 15 Mar 2010 08:21:00 GMT</pubDate></item><item><title>Pension payouts in public sector could more than triple over next 50 years</title><link>http://www.personneltoday.com/Articles/2010/03/12/54825/pension-payouts-in-public-sector-could-more-than-triple-over-next-50-years.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/12/54825/pension-payouts-in-public-sector-could-more-than-triple-over-next-50-years.html</guid><description>Public sector pension payouts could more than triple over the next 50 years, the National Audit Office (NAO) has warned.  In a report on unfunded public sector schemes, the NAO found they will pay out £79bn by 2060, compar</description><pubDate>Fri, 12 Mar 2010 09:01:00 GMT</pubDate></item><item><title>Cable &amp; Wireless faces shareholder revolt over executive pay plans</title><link>http://www.personneltoday.com/Articles/2010/03/12/54824/cable-wireless-faces-shareholder-revolt-over-executive-pay-plans.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/12/54824/cable-wireless-faces-shareholder-revolt-over-executive-pay-plans.html</guid><description>Cable  Wireless faces a shareholder revolt over plans to pay its senior executive £11m. Chairman John Pluthero has already been paid £8m under the cash part of Cable  Wireless' long-term incentive plan, but will </description><pubDate>Fri, 12 Mar 2010 08:57:00 GMT</pubDate></item><item><title>John Lewis to pay staff bonuses worth 15% of their salaries</title><link>http://www.personneltoday.com/Articles/2010/03/12/54822/john-lewis-to-pay-staff-bonuses-worth-15-of-their-salaries.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/12/54822/john-lewis-to-pay-staff-bonuses-worth-15-of-their-salaries.html</guid><description>John Lewis staff will receive a bonus worth 15% of their salaries – which is up 2% on the previous year. At the employee-owned businesses, all the 70,000 staff will share in the £151.3m bonus pot, with payments amount</description><pubDate>Fri, 12 Mar 2010 08:39:00 GMT</pubDate></item><item><title>Holiday pay owed to employee on sick leave for year, tribunal rules</title><link>http://www.personneltoday.com/Articles/2010/03/11/54817/holiday-pay-owed-to-employee-on-sick-leave-for-year-tribunal-rules.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/11/54817/holiday-pay-owed-to-employee-on-sick-leave-for-year-tribunal-rules.html</guid><description>Employers must pay staff their full holiday entitlements if they are off sick&lt;/A</description><pubDate>Thu, 11 Mar 2010 15:22:00 GMT</pubDate></item><item><title>Northern Rock bonus payouts welcomed by Unite</title><link>http://www.personneltoday.com/Articles/2010/03/11/54810/northern-rock-bonus-payouts-welcomed-by-unite.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/11/54810/northern-rock-bonus-payouts-welcomed-by-unite.html</guid><description>Unite has welcomed Northern Rock's decision to pay out staff bonuses despite the fact that the mortgage lender failed to make a profit last year. The bank's chief executive Gary Hoffman defended paying out rewards to 32 st</description><pubDate>Thu, 11 Mar 2010 08:47:00 GMT</pubDate></item><item><title>Pay freeze for senior civil servants and public sector staff until 2012</title><link>http://www.personneltoday.com/Articles/2010/03/10/54806/pay-freeze-for-senior-civil-servants-and-public-sector-staff-until-2012.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/10/54806/pay-freeze-for-senior-civil-servants-and-public-sector-staff-until-2012.html</guid><description>Senior civil servants and public sector workers will have their pay frozen for the next financial year, the government has announced. Prime minister Gordon Brown said today senior civil servants, seni</description><pubDate>Wed, 10 Mar 2010 14:35:00 GMT</pubDate></item><item><title>Pensions most popular employee benefit but workers worried funds won't be enough</title><link>http://www.personneltoday.com/Articles/2010/03/10/54590/pensions-most-popular-employee-benefit-but-workers-worried-funds-wont-be-enough.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/10/54590/pensions-most-popular-employee-benefit-but-workers-worried-funds-wont-be-enough.html</guid><description>Pensions remain the most important employee benefit on top of salary that an employer can offer, a study has found. This is despite more than one-third of workers (38%) worrying their own pension funds would be inadequate </description><pubDate>Wed, 10 Mar 2010 08:11:00 GMT</pubDate></item><item><title>Royal Mail peace deal agreed with postal unions</title><link>http://www.personneltoday.com/Articles/2010/03/09/54573/royal-mail-peace-deal-agreed-with-postal-unions.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/09/54573/royal-mail-peace-deal-agreed-with-postal-unions.html</guid><description>Royal Mail has reached an agreement with the postal union, ending the threat of further strikes. The postal service and the Communication Workers Union (CWU) reached the deal in the long-running row about pay and working p</description><pubDate>Tue, 09 Mar 2010 08:30:00 GMT</pubDate></item><item><title>NAPF pension quality standard protects 100,000 employees</title><link>http://www.personneltoday.com/Articles/2010/03/08/54554/napf-pension-quality-standard-protects-100000-employees.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/08/54554/napf-pension-quality-standard-protects-100000-employees.html</guid><description>More than 100,000 people are now members of workplace pension schemes that meet the NAPF's new Pension Quality Mark. The mark, overseen by the National </description><pubDate>Mon, 08 Mar 2010 08:31:00 GMT</pubDate></item><item><title>MPs to gain 1.5% pay increase</title><link>http://www.personneltoday.com/Articles/2010/03/05/54537/mps-to-gain-1.5-pay-increase.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/05/54537/mps-to-gain-1.5-pay-increase.html</guid><description>MPs will get a rise of nearly £1,000 in their basic salary from 1 April, taking their pay to £65,737 a year, it was announced today. The 1.5% increase has been recommended by the Senior Salaries Revie</description><pubDate>Fri, 05 Mar 2010 08:48:00 GMT</pubDate></item><item><title>BBC stars earning top salaries will be ‘named and shamed’ if Tories come to power</title><link>http://www.personneltoday.com/Articles/2010/03/03/54493/bbc-stars-earning-top-salaries-will-be-named-and-shamed-if-tories-come-to-power.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/03/54493/bbc-stars-earning-top-salaries-will-be-named-and-shamed-if-tories-come-to-power.html</guid><description>BBC stars earning more than the prime minister will be outed if the Conservatives come to power.  The Tories believe opening up salary payments to public scrutiny will be seen as crucial to shaming the corporation into ren</description><pubDate>Wed, 03 Mar 2010 09:14:00 GMT</pubDate></item><item><title>HSBC and Standard Chartered bank bosses to give bonuses to charity</title><link>http://www.personneltoday.com/Articles/2010/03/01/54449/hsbc-and-standard-chartered-bank-bosses-to-give-bonuses-to-charity.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/03/01/54449/hsbc-and-standard-chartered-bank-bosses-to-give-bonuses-to-charity.html</guid><description>HSBC and Standard Chartered banks' chief executives have pledged to give their bonuses, totalling about £6m, to charity. Michael Geoghegan, boss of HSBC, and Peter Sands, the head of Standard Chartered, are both set to acc</description><pubDate>Mon, 01 Mar 2010 09:41:00 GMT</pubDate></item><item><title>RBS top staff quit in their thousands with more set to leave</title><link>http://www.personneltoday.com/Articles/2010/02/26/54428/rbs-top-staff-quit-in-their-thousands-with-more-set-to-leave.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/02/26/54428/rbs-top-staff-quit-in-their-thousands-with-more-set-to-leave.html</guid><description>Thousands of top RBS staff quit last year and more are set to leave, the bank's chief executive has revealed. Stephen Hester said profits at RBS would have been about £1bn higher if it had successfully retained its employe</description><pubDate>Fri, 26 Feb 2010 08:31:00 GMT</pubDate></item><item><title>State pension age hike should be faster and higher says PricewaterhouseCoopers report</title><link>http://www.personneltoday.com/Articles/2010/02/25/54424/state-pension-age-hike-should-be-faster-and-higher-says-pricewaterhousecoopers-report.html</link><guid isPermaLink="true">http://www.personneltoday.com/Articles/2010/02/25/54424/state-pension-age-hike-should-be-faster-and-higher-says-pricewaterhousecoopers-report.html</guid><description>The state pension age (SPA) should be raised faster and further than currently planned and the default retirement age (DRA) should be scrapped, according to a new report. The &lt;A href="http://www</description><pubDate>Thu, 25 Feb 2010 16:10:00 GMT</pubDate></item></channel></rss>